Tuesday, October 30, 2012

ComingSoon.net - 30 most recent stories: Breaking: Disney to Acquire Lucasfilm

ComingSoon.net - 30 most recent stories
Do you know what's coming?
Breaking: Disney to Acquire Lucasfilm
Oct 30th 2012, 00:00

Breaking news today... Continuing its strategy of delivering exceptional creative content to audiences around the world, The Walt Disney Company (NYSE: DIS) has agreed to acquire Lucasfilm Ltd. in a stock and cash transaction. Lucasfilm is 100% owned by Lucasfilm Chairman and Founder, George Lucas. Under the terms of the agreement and based on the closing price of Disney stock on October 26, 2012, the transaction value is $4.05 billion, with Disney paying approximately half of the consideration in cash and issuing approximately 40 million shares at closing. The final consideration will be subject to customary post-closing balance sheet adjustments. "Lucasfilm reflects the extraordinary passion, vision, and storytelling of its founder, George Lucas," said Robert A. Iger,...

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